Beiträge

True to its word, the SEC has begun punishing listed companies that have previously had zero ties to the blockchain or digital currencies and have announced, with little to no supporting evidence, that they were moving into the cryptocurrency or blockcha

Have you ever suffered from existential dread about what will happen when the smart contracts will be smarter than you? Or that a blockchain can become self aware and force humans to bend to its will? Or maybe that a super AI will simply repurpose all the

There’s a lot of doubt surrounding Bitcoin’s potential as a viable, real-world currency &#8211; but PayPal’s chief financial officer sees only positive things in the dominant cryptocurrency’s future.
A &#8216;Very High Likelihood&#8217; of Succes

There is an ever-growing international need for effective, transparent, and low-cost payments which engage with emerging markets. Ripple appears to be the frontrunner when it comes to providing said service, thanks to a whole slew of new partnerships.
Ma

On April 4, Berlin will host Blockchain &amp; Bitcoin Conference Germany, an event of Smile-Expo company that created a network of blockchain events in 20 countries throughout the world. International experts will gather to discuss trends of the modern cr

At the time of writing, Lisk is the biggest loser within the top 20 cryptocurrencies. The altcoin’s current selling price is $22.07, which puts it down 14.21% in the past 24 hours.

Lisk is currently rated as the 17th largest cryptocurrency with a market cap of $2.3 billion. For a brief moment yesterday, Lisk managed to outrank both TRON (TRX) and VeChain (VEN) and move up to the 15th largest crypto spot, but it has ...

‘Commodities King’ Dennis Gartman has been left with a red face and diminished pension fund after investing in a dubious blockchain company. Shares in Riot Blockchain Inc plunged by 30% following a CNBC investigation, leaving Gartman’s fund in a negative balance for the year to date. The trader has previously described bitcoin as being “nothing more than a scam of the first order.”

Gartman Gets Rekt by the Blockchain Meme

There was more than a touch of schadenfreude in the crypto community when news of Dennis Gartman’s poor investment emerged this week. Every trader is bound to get things wrong on occasions, but in going long on Riot Blockchain Inc, Gartman appears to have gone against his own advice. By his own admission, the author of the eponymous The Gartman Letter doesn’t fully understand bitcoin. His decision to invest heavily in a company purporting to make use of bitcoin’s underlying ledger technology is thus a strange one.

Dennis Gartman has been involved in the markets since the 1970s, and by all accounts has done well for himself. In 1987 he began producing The Gartman Letter, which goes out to leading banks, brokerages, mutual funds, and hedge funds on a full-time basis. On Tuesday he was forced to deliver bad news to the letter’s subscribers:

Friday was one of the worst days we have suffered through in a very long while. We were long of a sizeable position in a blockchain focused company that was the victim of a CNBC expose, which sent the shares down more than 20 percent and which sent us ‘down’ for the year to date, having been up about 6 percent previously.

In October the company, then trading as Bioptix, changed its name to Riot Blockchain. By December 19 its share price had shot up to $38.60 from around $5 in October. It couldn’t sustain that momentum however and has been dropping ever since. A CNBC investigation into the firm last week shaved 33% off its stock in a single day, which is now trading for under $11. The CNBC article quotes SEC chairman Jay Clayton as saying: “Nobody should think it is OK to change your name to something that involves blockchain when you have no real underlying blockchain business plan and try to sell securities based on the hype around blockchain.”

Believe the Blockchain But Don’t Believe the Blockchain Hype

As Bioptix, the company had been known for filing veterinary patents, which makes its reinvention as blockchain innovator all the harder to fathom. One might have suspected an investor of Mr Gartman’s stature to have exercised more caution and diligence. “Lessons have to be learned again and again and again it seems,” finished Gartman glumly, “Or at least we apparently have to learn them over and over and over again.” Two months ago, the same Commodities King was telling CNBC that bitcoin was nonsense. As he is now learning, bitcoin is perfectly sensible. Investing in companies that have requisitioned the blockchain mantle, however, is anything but.

Do you think Mr Gartman will be dissuaded from investing in blockchain companies from now on? Let us know in the comments section below.

Ripple price dropped below $1.00, now trading at around $0.94
XRP failed to keep its momentum for the past few days, now down by almost 12% in one week
The current price could represent a good entry point for XRP investors

Ripple Back Below $1.00

On Wednesday, Ripple failed to keep its positive momentum and sank below the pivotal $1.00 price level. Over the past seven days, XRP price went down by nearly 12% despite reaching a high of $1.20.

Key Highlights:
Ethereum price fell sharply today due to a market-wide cryptocurrency selloff
ETH hit a low of $815.30 at one point, down by over 15% in the last 24 hours
The cryptocurrency is now on a downward trend, holding support at $817.50
Ethereum Plunges Amid Market Selloff

Following its recent recoveries, Ethereum price plunged by over 15% at one point today, sinking to a low of $815.30. It’s now back to where was at the end of last week, unable to maintain its positive momentum from the past few days. The price drop was generally attributed to ...

The post Japanese Crypto Exchange Accidentally Gives Bitcoins Away for Free appeared first on CCN
Bitcoin skeptics such as JPMorgan CEO Jamie Dimon have often claimed that Bitcoin is “worth nothing.” For approximately 18 minutes at one cryptocurrency

Only 50K among the millions of website owners will benefit from using smart algorithms to personalize their websites. Or from renting their UKTs out.
A website is a standard thing for presenting your company or product on the Internet &#8211; over 80% o

With so many ICOs launching all the time, how do you know which ones will bear fruit? Here are five interesting token sale projects to watch in February and March.
Hicky &#8211; Blockchain Based Dating App to Verify Super Secure Connection Experience
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On February 16, 2018, Tutor Ninja, a private tutoring operator, held a meeting with the token holders and NTOK ecosystem partners, who backed the $3 million presale of tokens and approved the tokenizing talents blockchain platform concept. The public toke